Comment by njoinglifnow on 05/02/2025 at 22:56 UTC

103 upvotes, 5 direct replies (showing 5)

View submission: Living with no Retirement money

I had very little savings. I had to retire at 64 due to health after working full time for almost 50 years. I get less than 1600 in SS per month. I'm putting my home up for sale at the end of February and using the equity to buy a small condo.

That's the only way I'll be able to keep from living with one of my kids.

Replies

Comment by Traditional_Fan_2655 at 06/02/2025 at 06:39 UTC

54 upvotes, 2 direct replies

Please look into how much your condo fees will be first. They can go up and ruin you.

Comment by ItAintMe_2023 at 05/02/2025 at 23:17 UTC

5 upvotes, 12 direct replies

Working full time since you’re 14??

Comment by cryssHappy at 06/02/2025 at 01:03 UTC

2 upvotes, 1 direct replies

File for SS disability since you had to quit early. It will boost you to FRA rate.

Comment by Illustrious-Day-4709 at 06/02/2025 at 05:56 UTC

1 upvotes, 0 direct replies

Wow that’s more than double what I get

Comment by Floridaapologist1 at 06/02/2025 at 02:45 UTC

-3 upvotes, 1 direct replies

Why didn’t you put money into an IRA or 401k?